CARLSBAD, Calif.--(BUSINESS WIRE)--Patriot Scientific Corp. (OTCBB:PTSC - News) today issued the following letter to all shareholders.To all shareholders and supporters of Patriot Scientific, this is my second letter to the shareholders, a communication vehicle that I hope will become a valuable means to provide insight to you on topical issues and provide a uniform status report on activities at the company. Toward that end, I’d like to focus on three issues: Our Q3 earnings report, Patriot’s “blueprint” for future activities and shareholders’ feedback and concerns.
Q3 results
I will not, in the limited context of this letter, recount all the information contained in our April 9, 2008 earnings release, which fully reflects the financial results of all transactions announced prior to the end of January 2008. PDS-related licensing activities and results were generally improved from the year earlier quarter, with a strong cash position and PTSC’s public listing and share value, I am moving forward on our plan to use these resources to assess new opportunities for investment that should provide additional growth prospects for Patriot in the future.
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